2026 is destined to be a year of reshaping the regulatory landscape of the crypto market. The formal passage of stablecoin legislation in the United States and the first year of implementation of the EU's MICA regulation have sent clear signals — major global economies are actively redefining the rules of the game for digital assets.

Let's start with the US. The enactment of stablecoin legislation is no small feat; it directly regulates the issuance and circulation of stablecoins, injecting compliance into the market. This means that future stablecoin operations must be subject to government oversight, with risk management and transparency disclosures becoming mandatory. For investors, this is good news — legal protection; for innovators, it’s both an opportunity and a challenge — the framework is clear, but restrictions are tighter.

On the EU side, the first year of full implementation of MICA is equally significant. It marks the official establishment of a comprehensive regulatory system for crypto assets in this major global economy. From transparency and anti-money laundering to risk management, the EU’s standards are arguably the strictest in the industry. This set of standards is likely to serve as a reference model for other regions worldwide, especially for countries and areas still exploring regulatory pathways.

How should the regulatory and innovation balance be struck? This is the core issue facing the entire market. Building order requires constraints, encouraging innovation needs space. The crypto market in 2026 will evolve continuously within this tension. As the global capital markets mature, they will inevitably face more practical challenges from policy levels. The trends of mainstream assets like #数字资产动态追踪 will largely be influenced by this wave of regulation.

Are you ready? The arrival of this legal storm is both a challenge and an opportunity.